Disclaimer
Definition of "Disclaimer"
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.
Popular Real Estate Terms
Sewer system built into the streets of a neighborhood that is capable of accommodating the excess water flow of a heavy storm without backing up or flooding. ...
method of land description that identifies a parcel by specifying its shape and boundaries. ...
An deir to an individual who died intestate and is entitled, under the distribution statute, to a portion of its proceeds. After all claims against the estate are satisfied, the ...
A situation that occurs when borrowed funds cost more than they produce. ...
Written agreement, guarantee, pledge, or promise annexed to the land between two or more parties to do or not to do something and is transferred to successive title holders. For example, in ...
Suppose you are a house hunter, buyer, seller, realtor, or investor. In that case, you've probably come across the term "Gross Rent Multiplier" or GRM. But what exactly is it? Let's shed ...
Device that places the ownership of real property with one or more trustees for security until the loan is paid by the debtor. It is used in place of a conventional mortgage contract in ...
Bond given by a building contractor to a public authority and guaranteed by a third party, usually a bonding company, that a contracted construction project will be completed within the ...
A saving bank owned by its depositors. They are mostly located in the northwestern United States and are an important supplier of real estate financing. All mutual savings banks are state ...
Comments for Disclaimer
I signed a disclaimer without knowing what it was at the time. Now I am getting a divorce and he is selling. Will i still get half the property value?
Apr 18, 2022 15:49:37Hey Pamela! Thank you for reaching out to us! When it comes to disclaimers, it depends solely on what is specified in the disclaimer and what isn't. For this situation seeing as we have very limited information related to your situation, we advise you to either contact a real estate attorney or a divorce attorney in order to figure out the best corse of action.
Apr 19, 2022 11:51:36Have a question or comment?
We're here to help.